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SILICON VILLAGE

Thursday, November 1, 2018

Toyota Kirloskar Motor Sold 13245 Units in the Month of October 2018

Toyota Kirloskar Motor sold a total of 12606 units in the domestic market this month of October 2018. The company exported 639 units of the Etios series this month thus clocking a total of 13245 units. TKM sold a total of 12403 units in the domestic market and exported 1597 units of the Etios series in October 2017. The company has witnessed a growth of 15% in domestic sales from April-Oct 2018 as compared to the same period last year. This growth has been primarily driven by the positive sales growth of Innova Crysta, Fortuner, Etios Liva and the positive response to Yaris. Commenting on the sales performance, N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “ We are happy that we have been able to sustain good customer demand despite the dampening effect on consumer sentiment owing to hike in fuel prices, higher interest rates and increase in insurance premium. Innova Crysta has witnessed a growth of 11% in April to Oct 2018 as compared to the same period in 2017. We are thankful to our customers for their endless support to the brand and the trust they have shown for our products which define Quality, Durability and Reliability. Additionally, Etios Liva, one of the most popular choice of Indian families has registered a growth of 17% from April to October 2018 contributing significantly towards the overall sales growth. We expect the buying sentiment to improve in the upcoming months and thus ensuring a positive sales momentum in the auto industry.